Common use of Voluntary Resignation by the Executive Clause in Contracts

Voluntary Resignation by the Executive. If the Executive terminates his employment by voluntary resignation (but not for Good Reason), this Agreement shall terminate without further obligations to the Executive, other than Accrued Obligations that the Executive has accrued or earned as of the Date of Termination. All such Accrued Obligations shall be paid to the Executive in a lump sum in cash within 30 days following the Date of Termination.

Appears in 4 contracts

Samples: Employment Agreement (Us Airways Group Inc), Employment Agreement (Us Airways Inc), Employment Agreement (Us Airways Inc)

AutoNDA by SimpleDocs

Voluntary Resignation by the Executive. If the Executive voluntarily terminates his employment by voluntary resignation (but not other than for Good Reason)Reason during the Term, this Agreement the Company shall terminate without have no further obligations or liabilities under the Agreement (including, without limitation, Section 3 hereof) except to the Executive, other than Accrued Obligations that the Executive has accrued or earned as of the Date of Termination. All such Accrued Obligations shall be paid pay to the Executive in a lump sum in cash within 30 days following that portion, if any, of the Date Base Salary and any bonus amounts due that remain unpaid for the period prior to the date of Terminationtermination.

Appears in 2 contracts

Samples: Employment Agreement (Tussing Andrew), Employment Agreement (Vaccinogen Inc)

Voluntary Resignation by the Executive. If the Executive terminates his her employment by voluntary resignation (but not for Good Reason), this Agreement shall terminate without further obligations to the Executive, other than Accrued Obligations that the Executive has accrued or earned as of the Date of Termination. All such Accrued Obligations shall be paid to the Executive in a lump sum in cash within 30 days following the Date of Termination.

Appears in 1 contract

Samples: Employment Agreement (Us Airways Inc)

AutoNDA by SimpleDocs

Voluntary Resignation by the Executive. If the Executive voluntarily terminates his employment by voluntary resignation (but not other than for Good Reason)Reason during the Term, this Agreement the Company shall terminate without have no further obligations or liabilities under the Agreement (including, without limitation, Section 3 hereof) except to the Executive, other than Accrued Obligations that the Executive has accrued or earned as of the Date of Termination. All such Accrued Obligations shall be paid pay to the Executive in a lump sum in cash within 30 days following that portion, if any, of the Date Base Salary that remains unpaid for the period prior to the date of Terminationtermination.

Appears in 1 contract

Samples: Employment Agreement (Vaccinogen Inc)

Time is Money Join Law Insider Premium to draft better contracts faster.